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Aug
03

How Many Clicks Does It Take…

Being a beginner, and knowing that many, many people are trying to learn how to be professional affiliate marketers, I thought it would be helpful to post some of my stats.

 Now, all of my free time has been going into writing my blogs (I have quite a few), building my BANS sites, loading crafts onto eBay and Etsy, and crafting.  This should make it very clear that my affiliate marketing is only a very small portion of my time.  To be successful at it, you really need to devote several hours a day (at least in the beginning) to your marketing efforts.  I, however, do not advertise, and most of my sites have very little in the way of keywords, or, indeed, content, as my time is mostly spent elsewhere.

None the less, I’ve managed to turn a small profit entirely using BANS.  Since the program has now paid for itself in the last month, I thought I’d post last month’s stats.

So, how many clicks does it take to get to the tootsie roll center of a affiliate program? Let’s find out:

Store #1: 23 clicks = $27.55

Store #2: 64 clicks = $4.73

Store #3: 1 click = $0.54

Store #4: 19 clicks = $0

Store #5: 2 clicks = $0

 Now, that’s how many clickthroughs the stores got, not how many visitors or page views.

Store #1 had the best pageview/clickthrough/profit out of all the stores.  Nearly everyone who viewed the store clicked through, and several made purchases.  I was lucky enough to stumble upon a very, very tight niche.  Really, no one else is exploiting it, and that may be because there’s not much profit to be had in it.  However, that store is what pushed the edge in making my affiliate marketing account solvent.  There is very little content, merely a paragraph or two before each store page, but the niche is good.

Store #2 garners quite a few page views, and clicks.  Not as many purchases.  In fact, the page that collects the most search engine traffic is the one that I tacked on as an afterthought.  That page is responsible for all my traffic and profits for the site. I have no idea if the searchers purchased what they clicked on or not, but it doesn’t really matter.  The key is to get customers to click through, and then buy anything.  As long as the cookie is active on their computer, you get a cut whether they buy a yacht, or a deck of cards.

Store #3 I set up in anticipation of cornering a good niche.  And then I got bored.  That site is more or less empty, and so I use it to track my own purchases.  Since I get a cut of anything I buy through my own affiliate links, I like to keep my purchases separate- so I use that store.

Store #4 is a recent set up.  I’m not even certain if Google’s crawled it yet.  However, it’s my public store.  It’s my example of how simple it is to set up a BANS site.  It may not seem to be the most professional around, but it’s the first that I’ve paid much attention to- actually writing content for it, and designing an ok logo.  This is the store that hosts my About BANS page, which I plan to use to direct all interested parties to.  It also has a page hosting nothing but my own eBay auctions.  That’s also why I have so many clickthroughs on it, without any purchases.  This is the page I show friends in case they want to buy something of mine (since I’ll get a cut on top of the sale price).  This is the store that I don’t mind advertising around other marketers, because, really?  Who else would want that niche?

Store #5 was my very first experiment with BANS.  I set up a series of broad niches to experiment with the program.  When I deleted all my stores and rebuilt, this is the one I kept.  Mostly because I’d actually written content for it.  I don’t believe I’ve ever had someone purchase anything through this store, but that may change soon.

 See, I pay attention to the search terms people use to find my stores.  That particular store has 2 or 3 searches that turn up dead ends on my site.  I couldn’t figure out why.  So I did a little digging, and found that, strangely, what they were looking for isn’t found under the categories you would assume they’re listed under.  So I added sub pages using the correct categories and search terms.  The next time someone lands on my page looking for one of those terms- they’ll actually find what they’re looking for.  And if the price is right? I may just have a sale.

Bottom line? Well, there’s no magic number for page views or clickthroughs.  People are people, and no matter how much you pay attention to what they want, they’ll change their minds the second they’re asked to pay for it.  But in the mean time, 109 clicks produced $32.82 in profit for me. Here’s hoping to even more in August!

Apr
15

Affliate Earnings April 15th

Sweet! I just made another $5.31 on my BANS sites. A few days ago I had another commission for just over $1. I’ve now reached payout (payout is $25, and I’ve reached $28.50), which means that I only have $25 left to go until my Build A Niche Store software has paid for itself.Now, I know that this isn’t the kind of money that you can live off of. I bought the software in December 2007, and it’s now April 2008. I sold the BANS software once, which gave me a $44.36 commission (the program is $97), and now the sales through the program is $28.50, leaving $24.14 unpaid for.

That may not seem very impressive to you, but I’ve mostly ignored my sites since setting them up and changing the color schemes (and logos). I find the initial building of a site to be the most interesting, and so I lose interest very quickly when it comes time to tweak and improve.  Plus, every single site is set up on a sub domain rather than on its own domain.

I also was experimenting. What constitutes a niche? How tight a niche should I have? What if Ebay doesn’t support enough products in my niche? And as a result, I ended up with some very broad sites. One for coffee and coffee related products, one for tea and tea related products, vitamins, a certain make of car, tires, collectible pins, and a particular type of classic car.

Guess which site produced the most clicks and all of the sales? Nope, not the big sites. The classic car site (and keep in mind that it was not simply “classic cars”. It was a very specific make, though I didn’t get into specific years).

Originally, I pumped most of my energy into the classic car site. I was under the delusion that Ebay’s percentage cut applied to all of their products. I thought that one sale would make me $1000 or more. I was wrong. Ebay charges a flat fee for autos, businesses, homes, etc. Yes, a commission on a single car would be nice, but not enough to justify all the time I was spending on that site.

I’m learning though. I have loads of very niche sites that I plan to build, and plan to stock with quality, original or mostly original content, and possibly a few other affiliate programs as well. One of the great things about the BANS program is that I don’t have to put auctions on my page. I can use it as a simple website template, or stick the auction on to a single page like an after thought. I can build these affiliate sites as I see fit.

And now, I’m making progress. The program is almost paid for, and once I achieve that, it’s all gravy. I may never make a living from BANS, but it can certainly help smooth my lifestyle transitions.

As far as my other affiliate programs, I’ve done better this month than usual, but it’s not saying much. I made $2.33 from Squidoo, plus $10 from selling two of my lenses (I didn’t do much with them). Associated Content, I get paid up front plus page views. The page views I consider part of my affiliate earnings, and it was about $1.50, and I’m already up to $0.77 earnings one week from that payment. I think this month will impress me with my extra earnings. That may be because many of my articles are appropriate to the approaching summer.

All in all, I’m very pleased with this month’s progress.  Once I get my BANS sites switched over to the new affiliate program for Ebay, I think these sites will really begin paying themselves off.

Mar
12

Build A Niche Store Is Beginning To Pay Off

I’ve been checking my Commission Junction account on a daily basis, anxious to catch the smallest sign of potential profitability.

Well, this past week I’ve seen a huge jump in sales from my Build A Niche Stores. Or, one of my BANS stores, I should say.

Now, before you get too excited thinking that I’m about to tell you how to make thousands of dollars a day using BANS, you have to understand that my new total is $21.19. That’s for sales through Ebay, not any other affiliate programs including BANS own affiliate program.

I first started building BANS sites in December 2007.  I have about 1/2 dozen BANS sites all together, but only two have turned a profit.  And of those two, all but one sale came from just one site.

I posted about my first BANS commission on February 21.  That $3 commission was the sum total of 6 separate sales that happened to occur on the same day.  I didn’t receive any other commissions for over a week.  Then, in March- boom!

Note that I haven’t even touched my sites in over a month.  No tweaking, no new content, no sales pushes or advertising. 

Combined with the $44 commission for selling the BANS program to a friend, my new total of over $21 in sales commissions has made my investment quite small.  In fact, less than $32 left to go to break that magical number of $97.

Feb
21

Woot! First BANS Commission!

100_dollar_bills_1.jpgI logged in to Commission Junction, as I do every day, to check my stats.  Not surprising.  I have a click through rate of 20% most days, and yet no sales.  But I checked the reports section anyway.  Lo and behold- a pending commission of $3.24!  Woot!

This is my first commission from BANS, and it’s larger than most first commissions (from reports that I’ve heard- I can’t back that up).  Granted, I’ve got a long way to go to reach payout, let alone make back my investment.  But it definitely gives me hope.  I think I have all of 1 paragraph of content on the page that produced the sales.

And then I logged in to Squidoo and saw that I’d earned another $0.83 from an Amazon module.  I’m not retiring yet, but what a great start!

Feb
13

“So, What Does It Cost?”

I was talking to a friend at work about my websites.  He knows that I’m a bit addicted to BANS, despite the fact that I haven’t made back my investment yet.

He’s been interested in making a living online for a while as well, but he’s better at planning than I am.  Me, I get an idea and I fly with it. He actually takes classes.  We’ve always said that if we were one person, we’d probably be rich.  I think as partners we’d kill each other. 

He was only interested in the basic numbers, so that’s what I gave him.  I said, domains are about $10 a year.  I know where I can get codes to get either 10% off, or domains for $7 a year through GoDaddy, so that’s who I use.  I also told him that .info domains are about $2-3.  I wouldn’t recommend getting a .info domain if you want to build up repeat viewers, but for a site that relies on search engines for traffic, you could certainly do worse.

Hosting totally depends on what you want.  I told him that I pay about $8 a month with HostGator for unlimited domains.  I also told him that if he wanted just one website to build up, he can get hosting even cheaper than that for just one site.  I didn’t tell him about dedicated servers and such, because I don’t think either of us expects to become popular enough to need it- and if we do?  Then we celebrate!

He’s also interested in my affiliate accounts.  All of them.  So I told him about BANS since I think the program is well worth the one time $97 fee.  Even if you didn’t want to sell anything through the site, you could pay much more than that for a website template.  You’d probably get something more out of the box and ready to go, but BANS is highly customizable. 

I also told him about Commission Junction and ClickBank.  I think his mind began to boggle at that.  They’re both free to sign up for, and you get a cut of any sales you make for the other companies that you’re promoting.  I don’t think he understands much about affiliate marketing since he kept asking me “and you don’t have to actually have a product, right?”.  I’ll need to talk to him about that a little more.

All in all, I told him that if he started a blog and started pimping products on it, (rather than purchasing BANS or anything else other than domain and hosting) he’d be shelling out $6-17 a month.  And you know?  I never realized just how cheap that is.  Where else can you start a business for under $20 but on the internet?

Feb
11

It Pays To Not Take A Break

I built 7 BANS stores over a period of about 2 weeks. Towards the end, I no longer had to follow instructions, I could simply make all the transfers and set it all up on my own.

 Then I went on vacation.  I haven’t even touched my BANS sites in approximately 3 weeks, except to add AdSense to one of them.  Tonight I decided to set one up quick and then work on it tomorrow.  And you know what?  I don’t remember a thing.

This is why it’s so important to keep up on your projects.  Setting up the program is taking me twice as long as usual now, because I have to follow the directions, step by step.  And my CuteFTP free trial ran out, so I had to pay for the full version.  And set that up as well. 

Jan
20

My First Commission

I set up my Build A Niche Store account on January 11th.  I immediately set up my first shop, staying up quite late tryint to make everything “just right”.  The next day I set up two more.

For a few days, I actively checked my stats on Commission Junction several times a day to see if any of my stores had generated a sale.  I only noticed one click and a number of impressions, but no sales.  Not too worried since, of course, all the sites I had set up were brand new and probably not indexed yet.  Naturally, most, if not all, the traffic had come from my blog readers following my links.  I never expect, or encourage, conversions from friends.

A few days ago I stopped checking sales stats figuring the old “watched pot” theory may be applying.  Instead, I put myself into fixing up my started affiliate sites, and starting a few new ones.  But today, I decided to take a closer look at my stats.

 At first I was very pleasantly surprised to see that I’d had 4 click throughs.  That may not sound like much, but I believe only 2 or 3 of the shops are currently indexed, and the cookie Ebay places on the clicker’s computer lasts 30 days (meaning anything they buy through Ebay for the next 30 days will give me a kickback).  And that’s not taking into account that one of my niches has an extremely high price point.

And then I remembered.  While BANS is intended to earn affiliate money on Ebay sales, the company itself offers its affiliates a nice cut of their purchase price.  I logged into that account and had a wonderful surprise- just over $44 was sitting in my account. 

That cuts my total investment by about 1/3.

What a great start only 2 days after signing up!